CNBC, Bloomberg, CNN all look at the market charts that show a disastrous plunge beginning the morning after the election, and they blame the “fiscal cliff”! This president will never be blamed for anything. They will blame the Republican Congress instead.
By the way, on Bloomberg, there was an interview with the French premier. He and the new Socialist government in France are elated that Obama won, of course, and are counting on the USA to pull Europe out of its mess. So before you turn loose of a dollar, weigh the prospects of it not only helping Obama, but the French Socialists as well.
Stocks have been inflated on Bernanke's quantitative easing for a long time. He bought this election for Obama, and now you get to try to sell what he bought.